Core Viewpoint - The announcement details a significant equity change involving the transfer of 100% ownership of Urumqi State-owned Assets Management (Group) Co., Ltd. (U Country Economic) to Urumqi Urban Construction Investment (Group) Co., Ltd. (U City Investment) without compensation, resulting in U Country Economic becoming a wholly-owned subsidiary of U City Investment and increasing their combined shareholding in Xinjiang Youhao (Group) Co., Ltd. to 10.01% of the total share capital [2][3][19]. Group 1 - The equity change is a result of a decision by the Urumqi State-owned Assets Supervision and Administration Commission to optimize the organizational structure of state-owned enterprises and enhance overall operational capabilities [3][19]. - Prior to the equity change, U City Investment held 14,170,000 shares (4.55% of total shares), and U Country Economic held 17,006,672 shares (5.46% of total shares) [7][23]. - After the equity change, U City Investment and U Country Economic together hold 31,176,672 shares, representing 10.01% of the total share capital [7][23]. Group 2 - The equity change will not result in a change of the controlling shareholder or actual controller of the listed company [3][20]. - The transfer of shares was completed on September 1, 2025, with the necessary business registration changes finalized [18][24]. - The information disclosure obligations were fulfilled as per the relevant laws and regulations, ensuring transparency regarding the equity change [27].
新疆友好(集团)股份有限公司 关于股东权益变动的提示性公告